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Why Investors Should Be Wary Of Bitcoin

FYI: You might be tantalized by the shocking rise in the value of bitcoin, but don't let it sweep you off your feet.

This week bitcoin, a relatively young synthetic currency that people use to buy items over the web, made headlines after it hit an amazing peak in price of $4,726. During this year alone, an investment in bitcoin gained 358 percent. You read that right. While the stock market is up about 10 percent for the year — which is a nice gain for stocks in just eight months — the money people have made in stocks is puny compared with what's been made in bitcoin.
Regards,
Ted
http://www.chicagotribune.com/business/columnists/ct-bitcoin-warning-as-it-soars-marksjarvis-0903-biz-20170831-column.html
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